Daily Real Estate News | Tuesday, December 02, 2014 --> Fannie Mae and Freddie Mac's new lending guidelines went into effect Monday, which are expected to help loosen up the tight credit standards that home buyers and refinancers have faced in recent years.
The guidelines clarify when lenders will be penalized for making mistakes ...

The Traverse City area real estate market continues to rebound well and continues to be in great demand , especially the under 250,000 price points....the lower the price point the more demand which is driving inventory down and prices up. Great news if you are a seller, not so great news if you're the buyer. Single family home listings ...

Daily Real Estate News | Monday, December 02, 2013 --> For 75 percent of military families, owning a home is one of the most important things to accomplish upon returning from service, according to a Century 21 survey. Harris Interactive conducted the study of more than 400 responses of military members or spouses.
“Home ...

Daily Real Estate News | Monday, November 25, 2013 --> National foreclosure pre-sale inventory is at its lowest point since 2008, Lender Processing Services reports.
The inventory—which reflects the number of loans that are in some stage of foreclosure—represents 2.54 percent of all mortgaged homes in LPS' ...

Daily Real Estate News | Monday, November 18, 2013 --> Lenders' tight underwriting standards have been blamed for sidelining many potential home buyers the last few years. But lenders may be showing signs of loosening up a bit.
The average down payment on a 30-year, fixed-rate mortgage fell 2.74 percent from the second ...

Daily Real Estate News | Monday, September 30, 2013 --> Foreclosure starts have fallen to half the level they were a year earlier, according to second quarter data recently released from the Office of the Comptroller of the Currency.
In the second quarter, there were 150,592 foreclosures started—down 50.8 percent from the ...

July 22, 2013Economy Poised for a Stronger Second Half of 2013Despite Rising Mortgage Rates, Housing Remains a Positive ContributorPete Bakel202-752-2034WASHINGTON, DC – The ongoing housing recovery coupled with improvement in both consumer confidence and the labor market are expected to boost economic growth in the second half of the year, ...

Federal investigators are cracking down on foreclosure auction scams, where real estate speculators illegally try to fix the bidding process on properties. The cases mostly center in northern and central California, but bid-rigging schemes have also been discovered in Raleigh, N.C., and Mobile, Ala.
Federal prosecutors have charged 54 people in ...

Daily Real Estate News | Tuesday, June 04, 2013 --> Nearly a quarter of Americans say they’ve discovered problems with their credit reports, according to a new study of 1,000 American adults by FindLaw.com, an online legal information portal.
The most common problems reported were incorrect or outdated credit or personal ...